Global Semiconductor Photolithography Equipment Market 2017-2021
About Semiconductor Photolithography Equipment
Semiconductor lithography also called semiconductor photolithography is a method of fabrication of printed circuit boards (PCBs) and microprocessors. It transfers a circuit image to a silicon wafer by exposing both silicon wafer and photomask to ultraviolet light. It then projects the circuit image on the wafer. It is also called UV or optical lithography. It is a microfabrication technique in which semiconductor circuitry is patterned from the photomask onto a silicon wafer using a light source, especially UV light. The light source is passed through an ultra-high precision lens in order to obtain fine patterning design.
Technavio’s analysts forecast the global semiconductor photolithography equipment market to grow at a CAGR of 9.18 % during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global semiconductor photolithography equipment market for 2017-2021. To calculate the market size, the report considers the new sales of photolithography equipment.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Semiconductor Photolithography Equipment Market 2017-2021
Technavio recognizes the following companies as the key players in the global semiconductor photolithography equipment market: Applied Materials, ASML, Canon, and Tokyo Electron.
Other Prominent Vendors in the market are: JEOL, Nikon, NuFlare Technology, SUSS MicroTec, Ultratech, and Vistec Electron Beam.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is miniaturization of electronic devices. The demand for miniaturized electronic devices like cell phones is increasing. The emergence of miniaturized semiconductor components such as ICs is a major trend in the semiconductor industry. This means that manufacturers of electronic devices like cell phones and laptops have to focus on size reduction of the devices, without compromising the performance. The miniaturization of cell phones has not only made them smaller in size but completely transformed the phone's functionality.”
According to the report, one of the major drivers for this market is emergence of advanced consumer products. The consumer electronics market has witnessed a number of transformations in the last five years. Smartphones have replaced simple phones, and laptops are replacing computers and desktops. Coffee makers, washing machines, and other household electronics are all becoming fully automated. Now, the electronic goods manufacturers are trying to take this transition further. They are planning to interconnect all the household devices to create a single controlling unit called smart home, that can be controlled by using an app from the smartphones.
Further, the report states that one of the major factors hindering the growth of this market is cyclical nature of the semiconductor industry. The global semiconductor photolithography equipment market is dependent on the growth in the sales of ICs, which is, in turn, dependent on the growth in the sales of electronic devices. The fluctuations in demand for electronic products, such as consumer electronic devices and mobile devices, make the future of the semiconductor market unpredictable and can lead to either oversupply or undersupply of semiconductor ICs.
Applied Materials, ASML, Canon, Tokyo Electron, JEOL, Nikon, NuFlare Technology, SUSS MicroTec, Ultratech, and Vistec Electron Beam.